| Legislative： |
Announced by the Ministry of Finance Tai-Tsai-Kuan-Tzu No. 09500286380 on June 12, 2006 |
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With respect to the supplementary explanation of the definition of “goods for operation” under Article 21 of the Act for the Establishment and Management of Free Trade Zones (hereinafter referred to as “the Act”), please comply with Letter Jing-Xie-Zi No. 0950000952 issued by the Free Trade Zone Coordinating Committee of Executive Yuan on June 7, 2006.
Attachment: Letter Jing-Xie-Zi No. 0950000952 on June 7, 2006 issued by the Free Trade Zone Coordinating Committee of Executive Yuan
The term “goods for operation” under Paragraph 1, Article 21 of the Act refers to the goods which are imported from abroad by a free-trade-zone enterprise in its own name, has been reported to Customs, and are stored in a free trade zone in accordance with Paragraph 1, Article 17 of the Act for the free-trade-zone enterprise to engage in the businesses set forth in Subparagraph 2, Article 3 of the Act. The free-trade-zone enterprise shall be responsible for goods control, book-keeping management, bill of materials preparation, inventory check, and related matters toward the said goods. Any violations shall be subject to the penalties prescribed in Chapter 7 of the Act.
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